Elkhorn City, KY is a great place to own a home. The median value of a house in Elkhorn City is $93,500, which is substantially lower than the US House median value of $338,100. In the past year, the US has seen an appreciation rate of 8.27%, whereas housing in Elkhorn City has seen an even higher appreciation rate of 12.90%. This shows that there is plenty of potential for those looking to invest in the housing market of Elkhorn City.
The median home cost in Elkhorn City is $93,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Elkhorn City is up 16.7%.
Average Age of Homes
- The median age of Elkhorn City real estate is 40 years old
The Rental Market in Elkhorn City
- Renters make up 22.3% of the Elkhorn City population
- 4.1% of houses and apartments in Elkhorn City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.